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Tag: Malampaya gas project

Cayetano optimistic on success of new Malampaya gas drillings

The chairperson of the Senate committee on energy expressed confidence in the success of efforts set next year to drill new gas wells that...

The Malampaya deal

"The truth is that Malampaya had been successfully operated by an all-Filipino team of experts for at least two decades and which has been...

Razon takes 45% Malampaya stake

Prime Exploration Pte. Ltd., a subsidiary of Prime Infrastructure Capital Inc., formally acquired the 45-percent stake owned by a unit of Udenna Corp. in...

Razon set to acquire controlling stake in Malampaya from Uy

Prime Infrastructure Holdings Inc. of businessman Enrique Razon Jr. announced plans Thursday to acquire a controlling stake in the Malampaya deep-water gas-to-power project, one...

‘Govt wants higher revenue share in Malampaya deal’

The Department of Energy (DOE) on Wednesday said the government is seeking a higher revenue share under the ongoing negotiations for the extension of...

PNOC EC weighs options on Udenna-Shell Malampaya transaction

The sale of the 45-percent stake of Shell Philippines Exploration B.V. in the Malampaya gas project to the Udenna Group of businessman Dennis Uy...

Gullas says govt will not bankroll takeover of Petron

House Assistant Majority Leader  Rep. Eduardo R. Gullas said business tycoon Ramon Ang can keep Petron Corp. as Congress would never bankroll a government takeover...

Cusi says firm offered P50m to fund PNOC

Energy Secretary Alfonso Cusi said he was offered P50 million for state-run PNOC Exploration Corp. to match the offer of Udenna Group to acquire...

Shell team to keep running Malampaya natural gas project

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Arbitral tribunal postpones Malampaya tax proceedings

The International Center for Settlement of Investment Disputes said Monday it suspended the proceedings on the arbitration case filed by Shell Philippines Exploration B.V....

Energy allows Uy to review proposed natural gas project

The Energy Department allowed Tanglawan Philippine LNG Inc., controlled by Phoenix Petroleum Philippines, to “re-evaluate” its proposed liquefied natural gas project after Phoenix Udenna...

Chevron expects to complete sale of Malampaya assets in 1st half

Chevron Corp. said it expects to close the sale of its Malampaya assets in northwest Palawan to Udenna Corp. controlled by businessman Dennis Uy...

PXP offers to take over Malampaya

Listed oil and gas company PXP Energy Corp. controlled by the camp of businessman Manuel Pangilinan submitted an unsolicited proposal to the Energy Department...

Shell asked to resend request on Malampaya

Energy Secretary Alfonso Cusi wants Shell Philippines Exploration B.V. to formalize its request to extend service contract 38 that covers the Malampaya gas project. Spex,...
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